Beyond Meat (BYND) Return on Invested Capital (2019 - 2023)
Beyond Meat's (BYND) quarterly Return on Invested Capital came in at 2.43% in Q3 2023, down 119.0% year-on-year from 12.79% in Q3 2022, and down 39.25% quarter-over-quarter from 1.75% in Q2 2023.
Beyond Meat (BYND) Return on Invested Capital (2019 - 2023) Analysis & Trends
Beyond Meat's Return on Invested Capital history runs 5 years deep, the most recent figure standing at 2.43% for Q3 2023.
- On a quarterly basis, Return on Invested Capital fell 119.0% year-over-year to 2.43% in Q3 2023; TTM through Jul 2023 was 2.43%, a 119.0% decrease from a year earlier, with the FY2021 full-year figure at 4.15%, down 221.0% from the prior year.
- Return on Invested Capital eased to 2.43% in Q3 2023 per BYND's latest filing, from 1.75% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.0% in Q1 2020 and bottomed at 2.43% in Q3 2023.
- The 5-year median for Return on Invested Capital is 0.59% (2021), against an average of 0.75%.
- Across the five-year window, Return on Invested Capital declined 4 bps in 2020 and plunged 119 bps in 2023, its largest moves.
- Year by year, Return on Invested Capital stood at 0.0% in 2019, then slumped by 149739 bps to 0.48% in 2020, then slumped by 41 bps to 0.68% in 2021, then tumbled by 116 bps to 1.47% in 2022, then plunged by 66 bps to 2.43% in 2023.
- Per Business Quant, the three latest BYND Return on Invested Capital figures stand at 2.43% (Q3 2023), 1.75% (Q2 2023), and 1.47% (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | -0.01% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 0.00% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 0.02% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 0.00% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 0.03% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 0.00% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | -0.01% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 0.00% |
| 10 | Beyond Meat | 254.95 Mn | 59.60 Mn | 1.99 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 1, 2023 | -2.43% |
| Apr 1, 2023 | -1.75% |
| Dec 31, 2022 | -1.47% |
| Oct 1, 2022 | -1.36% |
| Jul 2, 2022 | -1.24% |
| Apr 2, 2022 | -0.92% |
| Dec 31, 2021 | -0.68% |
| Oct 2, 2021 | -0.56% |
| Jul 3, 2021 | -0.50% |
| Apr 3, 2021 | -0.61% |
| Dec 31, 2020 | -0.48% |
| Sep 26, 2020 | -0.05% |
| Jun 27, 2020 | 0.00% |
| Mar 28, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |
| Sep 28, 2019 | -0.01% |